Tennant Total Liab vs Total Stockholder Equity Analysis

TNC Stock  USD 115.63  0.17  0.15%   
Tennant financial indicator trend analysis is much more than just breaking down Tennant Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tennant Company is a good investment. Please check the relationship between Tennant Total Liab and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tennant Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Liab vs Total Stockholder Equity

Total Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tennant Company Total Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tennant's Total Liab and Total Stockholder Equity is 0.68. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Tennant Company, assuming nothing else is changed. The correlation between historical values of Tennant's Total Liab and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Tennant Company are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Liab i.e., Tennant's Total Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Tennant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tennant Company current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tennant Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, Tennant's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit438M420.9M527.8M265.5M
Total Revenue1.1B1.1B1.2B627.5M

Tennant fundamental ratios Correlations

0.920.950.990.860.980.830.830.760.980.710.760.96-0.610.90.950.850.630.960.790.960.670.860.740.96-0.14
0.920.850.890.610.880.980.570.540.970.470.540.81-0.430.990.820.750.540.990.60.80.760.860.930.97-0.22
0.950.850.960.840.940.740.810.810.920.70.810.9-0.560.820.890.850.70.890.70.930.560.830.660.9-0.33
0.990.890.960.870.970.790.850.790.960.710.790.96-0.630.870.950.850.60.940.740.970.630.860.70.93-0.11
0.860.610.840.870.890.470.990.820.780.90.820.91-0.670.560.910.820.650.680.90.940.40.660.310.75-0.05
0.980.880.940.970.890.780.860.770.960.760.770.93-0.590.850.940.90.650.920.840.940.610.830.660.95-0.11
0.830.980.740.790.470.780.430.340.90.340.340.71-0.340.970.730.680.450.940.50.670.790.80.940.91-0.21
0.830.570.810.850.990.860.430.780.740.880.780.91-0.710.520.90.780.550.650.870.930.390.620.260.70.01
0.760.540.810.790.820.770.340.780.680.681.00.74-0.550.540.690.630.610.640.680.830.250.630.350.66-0.14
0.980.970.920.960.780.960.90.740.680.650.680.9-0.540.950.890.820.620.980.740.890.740.860.830.99-0.17
0.710.470.70.710.90.760.340.880.680.650.680.74-0.620.410.720.660.610.520.810.750.50.410.20.64-0.07
0.760.540.810.790.820.770.340.781.00.680.680.74-0.550.540.690.630.610.640.680.830.250.630.350.66-0.14
0.960.810.90.960.910.930.710.910.740.90.740.74-0.730.780.960.80.550.870.790.980.610.790.580.85-0.08
-0.61-0.43-0.56-0.63-0.67-0.59-0.34-0.71-0.55-0.54-0.62-0.55-0.73-0.43-0.59-0.34-0.13-0.51-0.49-0.67-0.48-0.23-0.26-0.45-0.06
0.90.990.820.870.560.850.970.520.540.950.410.540.78-0.430.780.70.50.990.550.770.760.850.950.95-0.21
0.950.820.890.950.910.940.730.90.690.890.720.690.96-0.590.780.910.620.860.840.970.530.840.560.88-0.09
0.850.750.850.850.820.90.680.780.630.820.660.630.8-0.340.70.910.720.770.810.850.380.80.480.84-0.13
0.630.540.70.60.650.650.450.550.610.620.610.610.55-0.130.50.620.720.550.680.620.30.550.360.66-0.52
0.960.990.890.940.680.920.940.650.640.980.520.640.87-0.510.990.860.770.550.630.860.740.880.90.97-0.18
0.790.60.70.740.90.840.50.870.680.740.810.680.79-0.490.550.840.810.680.630.820.380.60.310.74-0.07
0.960.80.930.970.940.940.670.930.830.890.750.830.98-0.670.770.970.850.620.860.820.520.820.550.86-0.09
0.670.760.560.630.40.610.790.390.250.740.50.250.61-0.480.760.530.380.30.740.380.520.440.780.71-0.14
0.860.860.830.860.660.830.80.620.630.860.410.630.79-0.230.850.840.80.550.880.60.820.440.740.86-0.21
0.740.930.660.70.310.660.940.260.350.830.20.350.58-0.260.950.560.480.360.90.310.550.780.740.83-0.25
0.960.970.90.930.750.950.910.70.660.990.640.660.85-0.450.950.880.840.660.970.740.860.710.860.83-0.2
-0.14-0.22-0.33-0.11-0.05-0.11-0.210.01-0.14-0.17-0.07-0.14-0.08-0.06-0.21-0.09-0.13-0.52-0.18-0.07-0.09-0.14-0.21-0.25-0.2
Click cells to compare fundamentals

Tennant Account Relationship Matchups

Tennant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B1.1B1.1B1.2B
Short Long Term Debt Total369.1M337.2M293M317.4M242.4M254.5M
Other Current Liab142.7M131.2M156.9M123.7M133.6M140.3M
Total Current Liabilities274.9M254.3M290.3M261.6M273.7M287.4M
Total Stockholder Equity359.9M404.8M433.8M470.8M577M605.9M
Property Plant And Equipment Net219.9M230M214.1M211.7M229.4M240.9M
Net Debt294.5M196.2M169.4M240M125.5M131.8M
Retained Earnings346M363.3M410.6M458M547.4M574.8M
Cash74.6M141M123.6M77.4M116.9M122.7M
Non Current Assets Total581.9M589M534.9M509.8M544.3M571.5M
Non Currrent Assets Other29.2M25M29.7M19.1M64.4M67.6M
Cash And Short Term Investments74.6M141M123.6M77.4M116.9M122.7M
Net Receivables223.3M199.9M211.4M251.5M247.6M260.0M
Common Stock Shares Outstanding18.5M18.6M18.8M18.7M18.8M16.2M
Liabilities And Stockholders Equity1.1B1.1B1.1B1.1B1.1B1.2B
Non Current Liabilities Total426.7M422.2M336.3M351.4M261.4M274.5M
Inventory150.1M127.7M160.6M206.6M175.9M184.7M
Other Current Assets33M25M31.2M39.8M28.5M29.9M
Other Stockholder Equity45.5M54.7M54.1M56M64.9M68.1M
Total Liab701.6M676.5M626.6M613M535.1M561.9M
Property Plant And Equipment Gross219.9M437M172.8M491M533.4M560.1M
Total Current Assets481M493.6M526.8M575.3M569.1M597.6M
Accumulated Other Comprehensive Income(38.5M)(20.1M)(37.9M)(50.2M)(42.3M)(44.4M)
Short Term Debt31.3M10.9M4.2M5.2M20.8M21.8M
Accounts Payable94.1M106.3M121.5M126.1M111.4M61.5M
Intangible Assets137.7M126.2M98M76.4M63.1M45.1M
Good Will195.1M207.8M193.1M182M187.4M196.8M
Current Deferred Revenue6.8M5.9M7.7M6.6M7.9M12.3M
Common Stock Total Equity6.8M6.9M6M7M8.1M6.4M
Common Stock6.7M6.8M6.9M7M8.1M6.5M
Other Liab88.9M95.9M47.5M39.2M45.1M48.3M
Other Assets29.2M25M29.7M39.7M45.7M47.9M
Long Term Debt307.5M297.6M263.4M295M193.7M109.6M
Property Plant Equipment173.3M185.5M214.1M211.7M243.5M122.5M
Net Tangible Assets27.1M404.8M142.7M212.4M191.2M137.2M
Retained Earnings Total Equity346M363.3M410.6M458M526.7M327.0M
Long Term Debt Total307.5M297.6M263.4M295.1M339.4M197.6M
Capital Surpluse45.5M54.7M54.1M56M64.4M36.4M
Non Current Liabilities Other77.5M85.5M72.9M14.5M21.5M20.4M

Tennant Investors Sentiment

The influence of Tennant's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Tennant. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Tennant's public news can be used to forecast risks associated with an investment in Tennant. The trend in average sentiment can be used to explain how an investor holding Tennant can time the market purely based on public headlines and social activities around Tennant Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tennant's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tennant's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Tennant's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Tennant.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tennant in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tennant's short interest history, or implied volatility extrapolated from Tennant options trading.

Currently Active Assets on Macroaxis

When determining whether Tennant Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tennant's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tennant Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tennant Company Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tennant Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Tennant's price analysis, check to measure Tennant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tennant is operating at the current time. Most of Tennant's value examination focuses on studying past and present price action to predict the probability of Tennant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tennant's price. Additionally, you may evaluate how the addition of Tennant to your portfolios can decrease your overall portfolio volatility.
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Is Tennant's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tennant. If investors know Tennant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tennant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.28
Dividend Share
1.075
Earnings Share
5.83
Revenue Per Share
67.187
Quarterly Revenue Growth
0.07
The market value of Tennant Company is measured differently than its book value, which is the value of Tennant that is recorded on the company's balance sheet. Investors also form their own opinion of Tennant's value that differs from its market value or its book value, called intrinsic value, which is Tennant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tennant's market value can be influenced by many factors that don't directly affect Tennant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tennant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.